Renesas, Nanya reach settlement in patent suits

Renesas Technology Corp. and Nanya Technology Corp. recently announced that they both have reached a cross-license agreement and a settlement agreement to dismiss the four pending lawsuits filed by the former based on claims of patent infringement by the latters DRAM products. The specific terms and conditions of the agreement, including the exchange of patent license rights and financial terms were undisclosed.

Renesas initiated the patent infringement litigation in December 2003 against Nanya and Nanya Technology Corp. U.S.A. in the U. S. District Court for the Northern District of California. Three similar lawsuits were filed by Renesas following the litigation, including patent infringement lawsuits and a motion for a preliminary injunction in the Tokyo District Court against Nanya Technology Corp. Japan.

"The dispute between the two companies has a long history, and we are happy with the results and the respect accorded to Renesas' patent portfolio," said Kazuhiro Odawara, general manager of the IP division at Renesas. "Renesas takes the value of IP seriously and continues to leverage its IP as important assets to excel in business."